Eaton Vance California Municipal Income Trust (NYSE:CEV) Declares $0.05 Monthly Dividend

Eaton Vance California Municipal Income Trust (NYSE:CEV) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Friday, April 11th will be paid a dividend of 0.05 per share on Tuesday, April 22nd. This represents a $0.60 annualized dividend and a dividend yield of 5.98%. The ex-dividend date is Friday, April 11th.

Eaton Vance California Municipal Income Trust has raised its dividend payment by an average of 0.1% annually over the last three years.

Eaton Vance California Municipal Income Trust Stock Down 0.3 %

CEV stock traded down $0.03 during midday trading on Wednesday, hitting $10.03. The stock had a trading volume of 24,341 shares, compared to its average volume of 26,393. Eaton Vance California Municipal Income Trust has a 12-month low of $9.91 and a 12-month high of $11.29. The company’s 50-day moving average price is $10.17 and its 200 day moving average price is $10.37.

Eaton Vance California Municipal Income Trust Company Profile

Eaton Vance California Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors.